Sterling Bancorp, Inc. (Southfield, MI) (SBT)
NASDAQ: SBT · Real-Time Price · USD
4.830
+0.115 (2.44%)
At close: Nov 20, 2024, 4:00 PM
4.850
+0.020 (0.41%)
After-hours: Nov 20, 2024, 5:54 PM EST
SBT Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2015 |
| Interest Income on Loans | 83.06 | 86.68 | 87.38 | 113.82 | 146.7 | 168.96 | Upgrade
|
| Interest Income on Investments | 51.36 | 40.11 | 12.56 | 2.72 | 4.66 | 6.41 | Upgrade
|
| Total Interest Income | 134.43 | 126.79 | 99.93 | 116.54 | 151.36 | 175.37 | Upgrade
|
| Interest Paid on Deposits | 75.76 | 57.11 | 14.99 | 18.12 | 37.48 | 45.69 | Upgrade
|
| Interest Paid on Borrowings | 0.62 | 4.72 | 6.14 | 7.25 | 8.12 | 8.69 | Upgrade
|
| Total Interest Expense | 76.38 | 61.83 | 21.13 | 25.36 | 45.6 | 54.39 | Upgrade
|
| Net Interest Income | 58.05 | 64.96 | 78.8 | 91.18 | 105.77 | 120.98 | Upgrade
|
| Net Interest Income Growth (YoY) | -15.10% | -17.57% | -13.58% | -13.79% | -12.58% | 0.74% | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | 1.42 | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.18 | -0.05 | -0.55 | -0.14 | 0.29 | 0.12 | Upgrade
|
| Other Non-Interest Income | 1.09 | 1.22 | 1.75 | 3.9 | 2 | 4.96 | Upgrade
|
| Total Non-Interest Income | 1.2 | 2.79 | 1.35 | 5.81 | 4.34 | 11.45 | Upgrade
|
| Non-Interest Income Growth (YoY) | -57.36% | 106.83% | -76.80% | 33.90% | -62.12% | -48.06% | Upgrade
|
| Revenues Before Loan Losses | 59.26 | 67.75 | 80.15 | 96.99 | 110.1 | 132.43 | Upgrade
|
| Provision for Loan Losses | -8.73 | -8.53 | -9.93 | -8.27 | 54.87 | -0.13 | Upgrade
|
| Revenue | 67.99 | 76.27 | 90.08 | 105.25 | 55.24 | 132.56 | Upgrade
|
| Revenue Growth (YoY) | -10.00% | -15.33% | -14.41% | 90.55% | -58.33% | -4.57% | Upgrade
|
| Salaries and Employee Benefits | 30.53 | 33.84 | 32.61 | 27.59 | 30.32 | 29.01 | Upgrade
|
| Occupancy Expenses | 3.3 | 3.47 | 3.71 | 3.6 | 3.28 | 3.25 | Upgrade
|
| Federal Deposit Insurance | 1.05 | 1.06 | 1.15 | 2.03 | 1.77 | 0.44 | Upgrade
|
| Selling, General & Administrative | 21.08 | 25.91 | 32.81 | 32.75 | 39.95 | 13.46 | Upgrade
|
| Other Non-Interest Expense | 6.49 | 7.33 | 9.13 | 6.25 | 8.8 | 16.53 | Upgrade
|
| Total Non-Interest Expense | 62.46 | 71.61 | 79.41 | 72.22 | 84.11 | 62.67 | Upgrade
|
| EBT Excluding Unusual Items | 5.53 | 4.66 | 10.67 | 33.03 | -28.88 | 69.89 | Upgrade
|
| Legal Settlements | - | - | -18.24 | - | 10 | -25 | Upgrade
|
| Pretax Income | 9.23 | 10.56 | -7.57 | 33.03 | -18.88 | 44.89 | Upgrade
|
| Income Tax Expense | 3.19 | 3.15 | 6.63 | 9.64 | -5.91 | 15.64 | Upgrade
|
| Net Income | 6.04 | 7.41 | -14.19 | 23.39 | -12.97 | 29.25 | Upgrade
|
| Net Income to Common | 6.04 | 7.41 | -14.19 | 23.39 | -12.97 | 29.25 | Upgrade
|
| Net Income Growth | - | - | - | - | - | -53.92% | Upgrade
|
| Basic Shares Outstanding | 51 | 51 | 50 | 50 | 50 | 51 | Upgrade
|
| Diluted Shares Outstanding | 51 | 51 | 50 | 50 | 50 | 51 | Upgrade
|
| Shares Change (YoY) | 1.32% | 0.86% | 0.41% | 0.60% | -2.52% | -3.47% | Upgrade
|
| EPS (Basic) | 0.12 | 0.15 | -0.28 | 0.47 | -0.26 | 0.57 | Upgrade
|
| EPS (Diluted) | 0.12 | 0.15 | -0.28 | 0.47 | -0.26 | 0.57 | Upgrade
|
| EPS Growth | - | - | - | - | - | -52.43% | Upgrade
|
| Dividend Per Share | - | - | - | - | 0.010 | 0.040 | Upgrade
|
| Dividend Growth | - | - | - | - | -75.00% | 0% | Upgrade
|
| Effective Tax Rate | 34.59% | 29.81% | - | 29.19% | - | 34.85% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.